The 7520 rate for June 2020 decreased to 0.6%.
The June 2020 Applicable Federal Interest Rates can be found here.
As a result of the COVID-19 pandemic, many states have temporarily authorized remote witnessing and notarization of estate planning documents. These laws present a unique set of litigation risks, which can be mitigated with careful planning.
BCLP Partner, Doug Stanley, and Associates, Andrew Bleyer and Sasha Riedisser, will be discussing this topic on a Federal Bar Association webinar on Friday, May 15 at 2 p.m. CST. You can register for the webinar here.
The numbers of confirmed cases of U.S. citizens with COVID and of those who die from COVID related symptoms are continuing to rise. COVID-19 has caused life-threating respiratory conditions, extended hospitalizations, and a resulting strain on our healthcare system. Because COVID-19 is so contagious, the loved ones and family members of sick patients are not able to accompany them to the hospital. Consequently, the virus underscores for all of us the importance of healthcare planning, particularly by having an advance directive or living will.
Advance directives are legal documents that specify healthcare treatment preferences (the “living will” portion) and designate a “healthcare proxy.” The proxy, also known as a healthcare agent, is a person you designate to make decisions for you in case you become unable to make them for yourself. The directive
At this point you’ve probably cleaned out your closets and garage or tackled that home improvement project you’ve been wanting to do since you moved into your home. Maybe you’ve even made banana bread, Dalgona whipped coffee or watched Tiger King and all three seasons of Ozark. But what have you done to ensure your personal and family organization? One of the most important DIY projects that has been overlooked is the compilation, organization and maintenance of your important documents and records.
There is no better time than now to get your financial and estate planning documents in order!
Some of the information you should organize and compile is:
Contact Information: Create a list of all of the important people in your life (including their contact information). This list can include people like your attorney, your CPA, your named Executors and Trustees,